• Forex
  • Investments
  • Loyalty program
  • Promotions and contests
  • Analysis
  • Getting started
  • About us

Daily analytical report (01/09/17)

  • Everybody likes Fridays, especially Nonfarm Payrolls Fridays. With increased volatility and significant trading signals, it’s a great feast for traders. Ahead of the NFP, USD is weaker and stocks are heading higher.
  • Yesterday, the DXY made an attempt to break the mid-term downwards trend line and the horizontal resistance created by the neckline of the H&S formation. Contact with that area resulted in a false breakout and a strong reversal. With that, the sentiment remains negative.
  • Gold bounced sharply yesterday using the 1300 USD/oz level and a correction equality pattern.
  • A correction equality pattern was also used on the EURUSD, which climbed higher, also using a 61.8% Fibonacci and the neckline of the iH&S formation. Sentiment is positive.
  • The positive outlook on the EUR also extends to the EURJPY, where we have an upwards trend with a small flag. This suggests that after the small correction currently taking place, we should continue to climb higher, especially after defending the 130.9 support.

Latest reviews

Everyone has the chance to make a profit

You don't need to trade on your own to make a profit. Make a profit by entrusting your funds to experienced traders!


There's a better website for you

A new exciting website with services that better suit your location has recently launched!

Sign up here to collect your 30% Welcome Bonus.